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Consolidated Goldwin Nevada Gold and Copper Property Exploration update - Elko County, Nevada
Consolidated Goldwin Nevada Gold and Copper Property Exploration update - Elko County, Nevada.
About this update from Big Bear Gold Corp.
[{"type":"text","content":"\n\n\n\n\nVANCOUVER, Aug. 9 /CNW/ - CONSOLIDATED GOLD WIN VENTURES INC. (CGW TSX-V)\nhas contracted Enviroscientists, Inc. of Reno, Nevada, to file and obtain\ndrilling permits on its South Dolly Varden gold copper claims in Elko County\nNevada. This is in anticipation of obtaining the drilling contract to drill an\nestimated 5000 feet (1650 metres) to test the zones of mineralization outlined\nby the surface geochem and rock samples and their coincident Induced\nPolarization (IP) anomaly. The drilling is expected to commence early this\nfall.\nThe company's consultant is currently onsite marking the initial 5 drill\nsites which will be designed to test the over 3000 foot long geophysical\nanomaly associated with surface exposures of the skarn and intrusive related\ncopper gold and molybdenum mineralization. With the ongoing geological mapping\nand sampling program, this detailed exploration will evaluate the extent of\nmineralization on this property.\nThe Dolly Varden area is recognized as a classic eastern Great Basin\ndistrict with base and precious metals associated with upper Paleozoic\nsediments intruded by Cretaceous auriferous magmas, which is a similar\ngeological setting to the Battle Mountain Fortitude skarn gold type of deposit\nin east central Nevada.\nPursuant to the option agreement (\"Agreement\") between the Company and\nSnowfield Development Corp. (Snowfield) dated April 21, 2006, the Company, due\nto the irreconcilable differences in what Snowfield promised to deliver and\nwhat they delivered, due to the withholding of results and due to the\nCompany's serious reservations about the management of the Project, gave its\nnotice to abandon and not proceed with the Agreement. However the Company,\nafter conferring with its attorneys, reserved the right to seek damages, on\nany future discovery related to their good faith expenditures, the results of\nwhich have not been disclosed in a timely manner.\nLaurence Stephenson, P.Eng, a Qualified Person under National Instrument\n43-101, has approved the contents of this News Release.\n\nAbout Consolidated Gold Win Ventures\n------------------------------------\nCGW is a progressive and rapidly advancing junior exploration company\nwith interests in the North West Territories - Drybones Diamond properties,\nNevada - South Dolly Varden Silver/Gold/Copper claims, British ...